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USDOT Proposes Regulatory Tweak Intended to Boost Transit P3 Deals
Route Fifty: WASHINGTON — With the Trump administration pushing to relax regulations and to spur private investment in public works, the U.S. Department of Transportation on Monday released a proposal meant to help clear the way for greater private sector involvement in transit projects.
The proposed rulemaking would allow recipients of federal funding for public transportation projects to request that Federal Transit Administration requirements be waived or modified—if the recipient can show that the requirements discourage private sector participation in a project.
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